Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenues:
Rental income	$ 339,046	$ 327,206
Other income	14,096	15,555
Interest income	2,191	2,238
Income from other investments, net	1,774	2,018
Total revenues	397,622	387,334
Expenses:
Property operating and maintenance	121,040	118,566
Real estate taxes	22,100	21,643
Membership sales and marketing	3,837	3,931
Depreciation and amortization	53,136	50,942
Home selling expenses and ancillary operating expenses	6,823	6,168
General and administrative	11,101	9,239
Casualty-related charges/(recoveries), net	68	217
Other expenses	1,233	1,878
Interest and related amortization	33,645	31,136
Total expenses	285,254	277,842
Income before other items	112,368	109,492
Equity in income/(loss) of unconsolidated joint ventures	(877)	4,901
Consolidated net income	111,491	114,393
Income allocated to non-controlling interests – Common OP Units	(3,587)	(5,201)
Net income available for Common Stockholders	107,904	109,192
Consolidated net income	111,491	114,393
Other comprehensive income/(loss):
Adjustment for fair market value of swaps	2,152	(1,629)
Consolidated comprehensive income	113,643	112,764
Comprehensive income allocated to non-controlling interests – Common OP Units	(3,656)	(5,127)
Comprehensive income attributable to Common Stockholders	$ 109,987	$ 107,637
Earnings per Common Share – Basic (in usd per share)	$ 0.56	$ 0.57
Earnings per Common Share – Fully Diluted (in usd per share)	$ 0.56	$ 0.57
Weighted average Common Shares outstanding – Basic (in shares)	193,676	190,925
Weighted average Common Shares outstanding – Fully Diluted (in shares)	200,176	200,074
Annual membership subscriptions
Revenues:
Contract revenue	$ 18,299	$ 16,342
Membership upgrade revenue
Revenues:
Contract revenue	3,120	3,052
Gross revenues from home sales, brokered resales and ancillary services
Revenues:
Contract revenue	19,096	20,923
Expenses:
Cost of services	13,600	13,692
Property management
Expenses:
Cost of services	$ 18,671	$ 20,430